Analyst Ratings for Waters Corp. (WAT)

Updated: 2017-07-29

Analysts covering Waters Corp. (NYSE:WAT) have given it a consensus rating of Hold. About 30 days ago, WAT was issued an average rating of Overweight.

17 analysts issued ratings on the stock, where 4 gave WAT a buy rating, 2 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for WAT. The highest price target was 210, which equates to a potential upside of 20.61 percent. The most pessimistic analyst gave a price target of 164, implying potential capital losses of -5.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.29 percent. The average change in earnings estimates over the last 90 days is 0.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.75 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 8 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 11 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

WAT has an estimated earnings growth rate of 12.01 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. WAT has a PEG ratio of 2.19.

In the trailing 52-weeks, WAT hit 187.65 at the highest peak, while it's lowest trading point was 133.35. Today's price is 30.57 percent above the 52-week low, and below the high by 7.22 percent. WAT has a P/E ratio of 26.3. Investors typically compare the P/E ratio to a company's peers in the industry. The WAT value stock report compares WAT to some of its peers using value stock charts. The stock has a market capitalization of $13.86 billion. WAT will post this quarters earnings in days, on 0000-00-00.